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Joined: 14 Jul 2007 Posts: 0 Location: Greater Boston
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Teavo Guest
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Posted: Wed Mar 25, 2009 9:36 pm GMT Post subject: |
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From the link...
"MAR reports that in February, single family home sales declined 11.42% as compared to February 2008 with a 16% decline in inventory translating to 15.4 months of supply and a median selling price decline of 18.5% while condo sales dropped 16.4% with an 24% decline in inventory translating to 16.0 months of supply and a median selling price decline of 15.4%."
These are incredible numbers. There is well over a full year's worth of supply out there...
I don't think I'll bother looking to buy a house any time soon. |
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